Global Bag-in-box Containers Market Set For 8.6% Growth, Reaching $6.28 Billion By 2028
Bag-in-box Containers Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033
The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only!
LONDON, GREATER LONDON, UNITED KINGDOM, December 19, 2024 /EINPresswire.com/ -- The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—limited time only!
Recent studies indicate that the bag-in-box container market size has surged substantially over the years. It is poised to grow from $4.18 billion in 2023 to $4.52 billion in 2024 at a compound annual growth rate CAGR of 8.0%. The expansion in the historic period has been fueled primarily by enhanced packaging efficiency, extended shelf life, cost-effectiveness, trends in the wine and beverage industry, and a decreased environmental impact.
What's the Anticipated Bag-in-box Containers Market Size by 2028?
The bag-in-box container market size is forecasted to witness robust growth in the next few years. It is expected to escalate to $6.28 billion in 2028 at a CAGR of 8.6%. The growth in the forecast period can be attributed to altering consumer lifestyles, enlarging application in non-food sectors, sustainable and eco-friendly packaging, innovations in dispensing systems, and global e-commerce growth.
Obtain a detailed report right at your fingertips using this sample link: https://www.thebusinessresearchcompany.com/sample.aspx?id=3893&type=smp
What Are Some Key Drivers and Trends for the Bag-in-box Containers Market Growth?
The bag-in-box containers market growth will continue to be propelled by the expanding scope in the food and beverage industry. This sector involves the production, processing, distribution, and sale of food and drink products. Bag-in-box containers are increasingly popular in the industry for packaging liquids like juices, wines, and syrups. These containers are highly convenient and efficient to store and dispense large quantities of liquids, offering perks such as extended shelf life, ease of transportation, and reduced packaging waste.
Who Are the Major Companies Operating in the Bag-in-box Container Market?
Major firms operating in the bag-in-box container industry report include Amcor Ltd., Smurfit Kappa Group, D S Smith, Liqui Box Corporation, and Scholle IPN, to name a few. These firms, among others, are continuously striving to innovate to stay competitive and meet the evolving needs of consumers.
For more detailed information, click on the full report link: https://www.thebusinessresearchcompany.com/report/bag-in-box-containers-global-market-report
How is the Bag-in-box Container Market Segmented?
This report covers several segments of the bag-in-box containers market:
1 By Material Type: Low Density Polyethylene, Ethylene Vinyl Acetate, Ethylene Vinyl Alcohol, Other Material Types Nylon, Poly-butylene Terephthalate
2 By Capacity: Less than 5 litres, 5-10 litres, 10-15 litres, 15-20 litres, More than 20 litres
3 By Application: Food And Beverages, Industrial Liquids, Household Products, Other Applications
Which Regions Dominate the Bag-in-box Container Market?
In 2023, North America held the largest share in the bag-in-box containers market. The report covers regions across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Browse Through More Similar Reports By The Business Research Company:
Advanced Packaging Technologies Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/advanced-packaging-technologies-global-market-report
Packaging Machinery Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/packaging-machinery-global-market-report
Packaging Printing Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/packaging-printing-global-market-report
About The Business Research Company
Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
email us here
Visit us on social media:
Facebook
X
LinkedIn
Distribution channels: Business & Economy, Companies, Consumer Goods, International Organizations, World & Regional
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release